Job Information
New York Life Insurance Company Senior Associate, Benefits (Health & Welfare) in New York, New York
Job Requisition ID: [[id]]
Location Designation: [[cust_rolelocationdesignation]]
This position is hybrid - Tuesday - Thursday in the New York Office and Monday and Friday work from home.
Business Overview:
Be part of a dynamic team shaping the future of talent at New York Life. As part of Human Resources, you'll contribute to a comprehensive strategy that attracts, develops, and retains top talent. Whether it's identifying future leaders, crafting engaging learning experiences, or fostering a vibrant workplace culture, your work directly empowers individuals and fuels the company's growth. Join us and play a vital role in making New York Life a destination employer for generations to come.
Role Overview:
We are looking for a strong communicator and problem-solver who is knowledgeable in health and welfare benefits to join New York Life’s Benefits team. This position will be responsible for supporting benefit program operations and vendor relationships.
What You'll Do:
Support CVP with the day-to-day operations of health and welfare benefit programs and vendor relationships
Responsible for understanding the benefit programs with a focus on the work/life programs (Education Assistance, Lifecare, etc)
Serve as lead contact with some of the vendors
Address and respond to escalated member cases
Support program vendor evaluations, performance monitoring, reporting, relationship management, and related inquiries
Support special projects to address continuously evolving business needs, including vendor implementations, strategic initiatives, and process improvement
Work closely and partner with stakeholders and colleagues across various areas of the company, including Procurement, Office of General Counsel, Risk, IT, Agency, Benefits Operations, to resolve incoming requests
Support RFI, RFP, and support contract (re)negotiation activities in partnership with Procurement, ensuring all activities follow appropriate compliance standards
Maintain and update all benefits vendor contract inventories, plan documents, SPDs, Third-Party Risk Management system requirements and vendor governance booklets
Complete required compliance filings
Perform and analyze reports to monitor the efficiency and competitiveness of each program against marketplace, highlight concerns/successes, and identify opportunities for cost reductions and/or service improvements on a continuous basis
Attend regular vendor calls/meetings as client support person and coordinate vendor meetings
Individual will report to the senior member on the team
What You'll Bring:
Bachelor’s Degree preferred
3-5 years’ experience in Human Resources working on program and vendor management supporting medical, pharmacy, life, leave, disability, wellbeing and other work/life programs, or related experience
Strong problem-solving and skills
General knowledge on health and welfare benefits
Excellent oral and written communication skills
Ability to work independently
Knowledge of all Microsoft Office products (e.g., Word, Excel, PowerPoint, etc.)
Experience with creating PowerPoint presentation decks
Salary range: [[cust_salaryRangePosting]]
Overtime eligible: [[customString6]]
Discretionary bonus eligible: [[cust_merit]]
Sales bonus eligible: [[stockPackage]]
Click here to learn more about ourbenefits (https://www.newyorklife.com/careers/corporate/benefits) . Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.
Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation (https://www.newyorklife.com/foundation) . We're proud that due to our mutuality, we operate in the best interests of our policy owners. We invite you to bring your talents to New York Life, so we can continue to help families and businesses “Be Good At Life.” To learn more, please visitLinkedIn (https://www.linkedin.com/company/newyorklife/) , ourNewsroom (https://www.newyorklife.com/newsroom/) and theCareers (https://www.newyorklife.com/about/careers/) page of www.NewYorkLife.com .
Job Requisition ID: [[id]]
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